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Bain-Backed Bridge Data Centres Signs 400MW Power Deal for New Malaysia Facility

2024/12/04 by Christopher Caillavet Leave a Comment

Bridge Data Centres has secured 400 megawatts of electricity under an agreement with Malaysia state electric company TNB, which will provide power for the Bain Capital-backed operator’s latest facility in Johor.

Dubbed MY07, the under-construction project in Johor’s Ulu Tiram… Read More>>

Bridge Data Centres has secured 400 megawatts of electricity under an agreement with Malaysia state electric company … Read more>>>

Chuan Grove

Singapore’s URA Releases Four Sites to Supply 1,535 Homes as Sales Show Strength

Chuan Grove

2024/12/04 by Christopher Caillavet Leave a Comment

Singapore’s Urban Redevelopment Authority on Tuesday released four sites under the Government Land Sales programme with potential to yield 1,535 homes, testing builders’ appetite for new projects as residential sales gain steam.

The site at Chuan Grove in the city-state’s… Read More>>

Singapore’s Urban Redevelopment Authority on Tuesday released four sites under the Government Land Sales programme with … Read more>>>

GIC chief executive Lim Chow Kiat

GIC Selects Preferred Bidder for $1.1B Seoul Tower and More Asia Real Estate Headlines

GIC chief executive Lim Chow Kiat

2024/12/04 by Michael Cole Leave a Comment

Singapore sovereign giant GIC prepares to pick the winning bidder for a Seoul office tower, with that story leading today’s headline roundup. Also making the list, Hong Kong property deals hit a seven-month high and CapitaLand’s Malaysia REIT sets sights… Read More>>

Singapore sovereign giant GIC prepares to pick the winning bidder for a Seoul office tower, with that story leading … Read more>>>

Masatomo Okamoto,head of Japan at AM Alpha

Germany’s AM Alpha Sells Newly Built Tokyo Apartments as Rents Rise

Masatomo Okamoto,head of Japan at AM Alpha

2024/12/03 by Christopher Caillavet Leave a Comment

AM Alpha has sold a newly completed rental apartment building in eastern Tokyo, marking the German family office’s second multi-family divestment in the last five months as the firm seeks new investment opportunities.

The 15-storey Alpha Prime Kameido in the… Read More>>

AM Alpha has sold a newly completed rental apartment building in eastern Tokyo, marking the German family office’s … Read more>>>

Sime Darby Property managing director, Dato’ Azmir Merican

Google to Develop More Malaysia Data Centres with Sime Darby

Sime Darby Property managing director, Dato’ Azmir Merican

2024/12/03 by Christopher Caillavet Leave a Comment

Two months after breaking ground on Google’s first data centre in Malaysia, Sime Darby Property has announced a fresh build-and-lease agreement that will see the development of additional facilities for the US tech giant.

The deal builds on the collaboration… Read More>>

Two months after breaking ground on Google’s first data centre in Malaysia, Sime Darby Property has announced a fresh … Read more>>>

Como Orchard

Singapore Commercial Complex on the Market at $505M and More Asia Real Estate Headlines

Como Orchard

2024/12/03 by Michael Cole Leave a Comment

A recently redeveloped hotel and retail complex is the latest property to go on the market in Singapore’s Orchard Road shopping belt, with that story leading today’s headline roundup. Also making news, US apartment giant Greystar opens Australia’s biggest build-to-rent… Read More>>

A recently redeveloped hotel and retail complex is the latest property to go on the market in Singapore’s Orchard Road … Read more>>>

Namgoong Hoon Mastern

Korea’s Mastern Sells Central Seoul Office Tower to NH REITs for $653M

Namgoong Hoon Mastern

2024/12/03 by Christopher Caillavet Leave a Comment

Mastern Investment Management has completed the sale of a four-year-old office building in Seoul’s central Jongno district to NongHyup REITs for $653 million.

The transaction of D-Tower Donuimun is 2024’s biggest deal closing in the Seoul central business district and… Read More>>

Mastern Investment Management has completed the sale of a four-year-old office building in Seoul’s central Jongno … Read more>>>

Ming Mei

GLP China Said Mulling Hong Kong IPO Next Year

Ming Mei

2024/12/03 by Christopher Caillavet Leave a Comment

GLP is said to be considering a listing of its China unit on the Hong Kong stock exchange as early as next year, following the recent proposed sale of the industrial specialist’s ex-China fund business to US-based Ares Management.

GLP… Read More>>

GLP is said to be considering a listing of its China unit on the Hong Kong stock exchange as early as next year, … Read more>>>

GIC chief executive Lim Chow Kiat

Singapore’s GIC Builds 5% Stake in Brisbane Airport and More Asia Real Estate Headlines

GIC chief executive Lim Chow Kiat

2024/12/03 by Michael Cole Leave a Comment

Singaporean giant GIC acquires a stake in Australia’s third-busiest airport, with that investment leading today’s headline roundup. Also making the list, Hong Kong developer Chinachem wins a New Territories commercial site and mainland builder Sunac sells its stake in a… Read More>>

Singaporean giant GIC acquires a stake in Australia’s third-busiest airport, with that investment leading today’s … Read more>>>

Echo Huang Shaomei New World

Asia Real Estate People in the News 2024-12-02

Echo Huang Shaomei New World

2024/12/02 by Michael Cole Leave a Comment

A shock chief executive switch leads this week’s review of personnel moves in Asia’s real estate industry, with Hong Kong’s New World Development naming its second new leader in two months. Also making the list are new appointments at a… Read More>>

A shock chief executive switch leads this week’s review of personnel moves in Asia’s real estate industry, with Hong … Read more>>>

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